Call on Tanjong Piai voters to prove Muafakat Nasional and Barisan Nasional wrong as 1MDB scandal is not fake news but the most shameful chapter of Malaysian history which have denied funds to the people

It was a marvel yesterday to see the Members of Parliament of Muafakat Nasional and Barisan Nasional, in the presence of BOSSku, the former Prime Minister, responding as a united bloc during the end of the second reading debate of the 2020 Budget in Parliament to claim that the 1MDB scandal had not been proven and therefore could not be taken as having happened.

The Tanjong Piai voters have a national duty on the by-election voting day on 16th November to prove both the Muafakat Nasional and Barisan Nasional wrong as the 1MDB scandal is not fake news but the most shameful chapter in Malaysian history which not only brought infamy, ignominy and iniquity to the nation as a global kleptocracy but denied funds which could have been spent for the benefit of the people.

It is most shocking that Muafakat Nasional and Barisan Nasional leaders could still claim that the 1MDB scandal is still unproven, although the country had to tighten its financial belt so as to pay some RM9 billion towards the 1MDB debt over the last two years, while the 1MDB debt now stands at some RM50 billion.

If Malaysia does not have to pay billions of ringgit to pay off the 1MDB debt in the past two years, as well as billions of ringgit towards 1MDB debt interest payments in the coming years, these billions of ringgit could be released to build more roads, schools and hospitals to improve the quality of life of all Malaysians.

The united stance of the Muafakat Nasional and Barisan Nasional MPs yesterday continuing to deny that the 1MDB scandal is unproven is all the more shocking as it flies in the face of the truth, both nationally and internationally.

Only last week, one of the masterminds of the 1MDB scandal, Malaysian ‘billionaire’ and fugitive financier from justice, Jho Low reached a settlement deal with the United States Department of Justice (DoJ) and agreed to surrender US$1billion in funds he and his family had misappropriated from 1MDB.

Jho Low has created world history but it is something that no Malaysian can feel proud.

Jho Low is not only the first Malaysian, but the only person in the world, who could surrender US$1 billion in funds, although he claims that his action “does not constitute an admission of guilt, liability or any form of wrongdoing” in the 1MDB scandal, and both the Malaysian and US governments have made it very clear that Jho Low is not “off the hook” on criminal charges.

It is most pertinent that the US Department of Justice (DOJ) estimated that Jho Low and his associates had siphoned over US$4.5 billion belonging to 1MDB from 2009 to 2015.

Yet there are Muafakat Nasional and Barisan Nasional political leaders (including from MCA) who could claim that the 1MDB scandal is just fake news and unproven.

In actual fact, no Malaysian political leader or politician can claim ignorance of such a massive scale of 1MDB corruption, abuse of power and money-laundering as the full details of the US Department Justice’s largest kleptocratic forfeiture suit over the 1MDB assets were revealed in the US DOJ’s litigation proceedings in July 2016 and June 2017.

If there had been no change of government in Malaysia in the 14th General Election on May 9, 2018, there would be no recovery and punitive actions for the massive corruption, abuse of power and money-laundering of billions of dollars on 1MDB funds.

The two latest news on the 1MDB scandal are firstly, the Malaysian government will be making a claim over the US$1 billion 1MDB assets following Jho Low’s deal with the US DOJ; and secondly, the Malaysian Government has turned down Goldman Sachs “less than US$2 billion” compensation for the 1MDB scandal as its demand is for US$7.5 billion.

Malaysia has to date recovered a total of RM925.1 million in 1MDB-related funds, which does not include the estimated revenue from the sale for the Equanimity yatcht of US$126 million (RM529.2 million).

If the 1MDB scandal is fake news and is a figment of imagination of Pakatan Harapan leaders, then where do all these billions of ringgit of 1MDB-related funds, recovered or to be recovered, come from?

Let Members of Parliament and political leaders of both Muafakat Nasional and Barisan Nasional answer this question.

In fact, the 1MDB scandal should be test-case whether a political leader is prepared to put national interests above party and personal interests.

MP FOR ISKANDAR PUTERI
Media statement by Lim Kit Siang in Parliament on Tuesday, 5th November 2019